Nigeria, Algeria, and Egypt to dominate Africa’s gas supply market from 2023 to 2027

Nigeria, Algeria, and Egypt are expected to dominate the African natural gas and liquefied natural gas (LNG) supply market from 2023 to 2027.

This is according to data from the African Energy Chamber in its August 2023 State of African Energy report.

According to the report, Africa’s 2023 natural gas supply is estimated at about 25.5 billion cubic feet (Bcf/d), a 1% year-on-year increase over 2022.

Meanwhile, the long-term supply potential, in line with global potential, is expected to grow by 7% to 27.4 Bcf/d by 2025, by close to 30% to 32.8 Bcf/d, and by about 65% to 41.6 Bcf/d by 2035 over the 2023 levels.

Also, the long-term commercial flows from Africa, too, are expected to stay relatively flat at 27 – 28 Bcf/d over the remainder of this decade and the next decade before starting to decline.